/macÂ·ule/ (mÄÂ´kÅ«l) a discolored spot on the skin that is not raised above the surface. (mÄkâ²yoÍolâ²) n. A discolored spot or area on the skin that is not elevated above the surface and is characteristic of certain conditions, such as smallpox, purpura, or roseola. Also called macula.
stock option(noun) the right to buy or sell a stock at a specified price within a stated period. stock option(noun) a benefit given by a company to an employee in the form of an option to buy stock in the company at a discount or at a fixed price. stock options are not much use as an incentive if the price at which they can be exercised is out of reach.
Stock Option Trading Basics: 1  A Stock Options Contract is a contract between a buyer and a seller whereby a CALL buyer can buy a stock at a given price called the strike price and a PUT buyer can sell a stock at the strike price. 2  1 Stock Option contract represents 100 shares of the underlying stock. 3  Think of a CALL and a PUT as opposites.